The privacy-focused cryptocurrency Monero (XMR) saw a sharp price surge of approximately 40% this week, reaching levels not seen in four years. This unexpected rally appears linked to a massive Bitcoin hack where stolen funds were reportedly converted into Monero, according to blockchain investigator ZachXBT. What’s going on with Monero Price?

Details Behind Monero’s Sudden Price Spike

On April 28, 2025, it was revealed that hackers stole about 3,520 BTC, valued at roughly $330.7 million. A significant portion of the stolen Bitcoin was exchanged into Monero, triggering a sudden spike in the XMR market.

Key observations:

• A noticeable increase in XMR/BTC buy orders contributed to the Monero price surge after the Bitcoin hack.

• There was no major growth in active wallet addresses or network activity, suggesting that external demand (rather than organic growth) drove the price move.

• Monero’s limited liquidity amplified the price effect, as Monero has been delisted from major exchanges due to its association with privacy and dark markets.

• The order book depth for Monero remains shallower compared to other coins of similar market cap, making large transactions highly influential.

At the peak of the rally, Monero price exceeded $300, marking a four-year high.

Impact of Low Liquidity on Monero’s Market

One of the main factors behind the Monero sudden pump is its restricted trading environment. Due to increasing regulatory pressure, major platforms have excluded Monero and other privacy coins, severely limiting available liquidity.

This makes Monero’s price more vulnerable to large trades. Even moderate market activity can cause a significant volatility spike, as seen in this case.

Experts warn that while Monero investment risks in 2025 remain high, these conditions also create opportunities for sudden upward or downward price swings based on relatively small volumes.

Market Reactions and Privacy Coins Outlook

The privacy coins market reaction to the hack has been mixed. While Monero surged, other similar assets experienced only modest gains, highlighting Monero’s dominant role among privacy-preserving cryptocurrencies.

The event reignites debates about the future of crypto privacy coins, especially as authorities globally tighten regulations, causing more crypto privacy coins delisting.

Key Takeaways

• Monero price surge 2025 was primarily driven by the conversion of stolen BTC into Monero

• Low liquidity trading impact made the price move more extreme.

• Monero whale activity following the hack played a significant role.

• Regulatory pressures continue to shape the future of privacy coins like Monero.

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